Tag

Ai Potential

All articles tagged with #ai potential

finance1 year ago

"Wall Street Boosts Broadcom's Outlook After AI Expansion and Cost Cuts"

TD Cowen upgraded Broadcom's rating from Market Perform to Outperform and raised its price target on the company from $1,400 to $1,500 per share, citing enthusiasm for the company's AI potential and positive feedback from its recent infrastructure event. The firm highlighted potential upside from custom silicon and back-end AI networking, while acknowledging risks related to data center spending and capital return program. Despite joining the bullish sentiment late, TD Cowen's upgrade comes as Broadcom's stock has already rallied significantly, with 80% of analysts covering it having buy equivalent ratings.

artificial-intelligence2 years ago

Insights from the "Godfather of AI" on its past and future potential.

Geoffrey Hinton, known as the "godfather of artificial intelligence," believes that AI's advancement could be comparable to "the Industrial Revolution, or electricity ... or maybe the wheel." Hinton's machine learning ideas are used to create all kinds of outputs, including deepfake photos, videos and audio, leaving those who study misinformation worried about how the tools can be used. While some worry that AI could take a lot of jobs, Hinton's mentee Nick Frosst believes that it won't replace workers, but change their days. However, Hinton and others caution that people need to learn to manage a technology that could give a handful of companies or governments an incredible amount of power.